Handbook of the Economics of Risk and Uncertainty PDF ePub eBook

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Handbook of the Economics of Risk and Uncertainty free pdf The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. It presents coherent summaries of risk and uncertainty that inform major areas in economics and finance. It divides coverage between theoretical, empirical, and experimental findings. It makes the economics of risk and uncertainty accessible to scholars in fields outside economics.

About Mark J. Machina

Mark Machina is a Fellow at the Amercian Academy of Arts and Sciences and has taught at Columbia University, the University of Cambridge, Princeton University, the People's University of China in Beijing, Duke University, and the University of Wyoming. W. Kip Viscusi is the award-winning author of more than 20 books and 300 articles, most of which deal with different aspects of health and safety risks. His pathbreaking research had addressed a wide range of individual and societal responses to risk and uncertainty, including risky behaviors, governmental regulation, and tort liability.

Details Book

Author : Mark J. Machina
Publisher : North-Holland
Data Published : 27 November 2013
ISBN : 044453685X
EAN : 9780444536853
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 896 pages
Age + : 15 years
Language : English
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